109 Norfolk Street, #5, New York (Lower East Side), NY, 10002 | $2,050,000

Welcome to 109 Norfolk St, #5, a spacious 2-bedroom, 2-bathroom home with a private 84sf balcony, situated on a vibrant street in the heart of NYC's famous Lower East Side. The Switch Building, an architecturally significant condominium, is a boutique collection of only five residences. Enter via your own private keyed elevator, granting exclusive access to an entire floor. Enjoy the sprawling 23-foot wide Great Room, seamlessly connected to an outdoor balcony offering panoramic views of downtown Manhattan. Floor-to-ceiling windows flood the space with natural light, framing captivating western and eastern cityscapes. The loft-style open kitchen boasts stainless steel countertops and an array of high-end appliances, including a Sub-Zero refrigerator, Thermador cooktop, Bosch oven and dishwasher, Monogram wine cooler, and a Falmec range hood. Enjoy ample storage as well as plenty of counter space for all of your cooking pleasures. The generously-sized primary suite has a large walk-in closet and an ensuite marble bathroom with dual sinks, a large soaking tub, a separate shower, and Lacava fixtures. A well-proportioned second bedroom comfortably fits a king-sized bed. There is an additional spacious marble full bathroom in the hallway. Other features include an in-unit washer and dryer, honey-colored bamboo flooring throughout the home, and an abundance of closet space down the gallery hallway. The Switch Building, an esteemed boutique condominium, was recognized and rewarded by the American Institute of Architects for its striking facade and interiors. There are 4 floor-through apartments and a duplex penthouse all situated above a ground floor and basement art gallery space. Each apartment features a keyed elevator entry and premium custom finishes throughout. The Switch Building also features 24/7 live security through Nest and is conveniently located near all transportation (less than one block from F, M, J & Z trains), dining, and shopping. **Furnished photos have been virtually staged.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: SeeRemarks
  • Complex: Switch Building, The
  • Year Built: 2007
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Video Intercom
  • OLR#: RLS20048215
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /prop/RLS20048215/109norfolkstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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109 Norfolk Street, #5, New York (Lower East Side), NY, 10002

$2,050,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,640,000 $1,640,000 $1,640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,930 $9,833 $13,619
Total Monthly Payment $9,055 $9,958 $13,744

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.